BSA Analyst

Chino Commercial Bank • Chino, CA

79d • $25 - $27

About The Position

We welcome you to join our Chino Commercial Bank Team! We are currently seeking for a Qualified BSA Analyst who is passionate, driven, collaborative, and solutions minded individual to join our team. We are dedicated in creating a championing environment where you can grow and thrive. We foster a caring culture by empowering you to achieve your professional goals. Our Mission is to provide exceptional customer service to make a difference in the lives of our customers and communities. This position of Bank Secrecy Act (BSA) Analyst is responsible for performing a variety of complex duties required to ensure the accuracy and effectiveness of the Bank's BSA, Anti Money Laundering, Office of Foreign Asset Control monitoring and Financial Crimes Enforcement Network monitoring, according to established policies and procedures. This position is responsible for the required regulatory monthly and quarterly reporting's, assists with the oversight of audits performed within the BSA area and is responsible for reviewing and submitting Suspicious Activity Reports, SARs. The BSA Analyst must maintain compliance within audit, internal controls, security, BSA, and CTR standards.

Requirements

• Associate's degree (AA) or equivalent from two (2) year college or technical school; or three (3) or more years of related experience and/or training; or the equivalent combination of education and experience.
• Work related experience should consist of a financial institution operations, sales or customer service background.
• Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be business or financial industry related.
• Intermediate experience, knowledge and training in branch operation activities, terminology and products and services relating to retail and commercial account customers.
• Intermediate knowledge of related state and federal banking compliance regulations, and other Bank operational policies.
• Intermediate skills in computer terminal and personal computer operation; mainframe computer system; and word processing, spreadsheet and account opening software programs.
• Intermediate typing skills to meet production needs of the position.
• Intermediate knowledge of general office practices.
• Basic math skills; calculate interest and balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; count currency, coin and negotiable instruments in a timely manner.
• Effective oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, speak clearly to customers and employees.
• Ability to deal with difficult problems involving multiple facets and variables in non-standardized situations.
• Effective organizational and time management skills.
• Ability to work with minimal supervision while performing duties.
• Current California driver's license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties.

Responsibilities

• Monitor business activities, procedures and documentation for operations compliance with banking regulations.
• Examine reports to determine if situations meet the established criteria for investigating suspected fraudulent or problem accounts.
• Conduct analysis on transactional data to make determinations of irregular activity through understanding of industry norms, historical customer activity and regulatory definitions of suspicious activity.
• Collect, analyze and disseminate sensitive information concerning the suspicious activities of groups, businesses and individuals.
• Conduct investigations of suspect account activity using the Bank's resources (i.e., system software, reports, databases, and system applications).
• Prepare research documentation and officer communications for investigations for and complete the Enhanced Due Diligence (EDD) reviews and Customer Due Diligence (CDD) reviews.
• Exercise solid judgment while examining, identifying and documenting suspicious account activity behaviors and patterns.
• Maintain a high degree of professional competence in the area of the Bank Secrecy Act activities and investigations through self-study, seminars and professional organizations.
• Assist with problem solving and logical analysis of complex activities related to the Bank Secrecy Act.
• Assist in the implementation of new methods, processes and procedures to make daily operations more efficient.
• Work in cooperation with the bank personnel, corporate security and regulatory authorities.
• Prepare thorough documentation and forms for Suspicious Activity Reporting (SARs) referrals when necessary.
• Maintain detailed documentation on each case file including all communications between business units and/or customers and documentary support of findings.
• Effectively maintain high risk customer records, files, spreadsheets, cases and related documentation.
• Manage the daily Customer Identification Program (CIP) exception tracking and reporting process.
• Ensure business account customers the appropriate North American Industry Classification System (NAICS) codes to classify business establishment for risk evaluation purposes.
• Comply with all applicable federal, state and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act and related laws and regulations.
• Monitor the Enhanced Due Diligence reviews and the outstanding BSA document requests.
• Collaborate with bank officers and branch managers to resolve outstanding CIP exception issues.
• Work with account officers and branch managers to resolve outstanding CIP exception issues and/or close accounts for non-compliance.
• Perform all other duties and special projects as assigned.
• Assist and provide support to areas of branch operations and other bank departments as needed in order to develop effective processes and better serve bank customers.
• Research compliance laws and regulations and provides guidance to bank clients.
• Operate computer terminal or personal computer to process account activity; determine balances and resolve problems within given authority.
• Provide effective customer service by answering employee and customer questions.

Benefits

• $25.00 - $27.00 Hourly

What This Job Offers

• Job Type: Part-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Associate degree
• Number of Employees: 51-100 employees